CrowdStrike (CRWD) is separating itself from the rest of the pack with a breakout and nine month high. The chart…
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Tesla Proves That It Is Just A Low-Margin Car Company – Shortseller
Stanphyl Capital’s commentary for the month ended July 31, 2023, discussing their short position in Tesla Inc (NASDAQ:TSLA). A Low-Margin…
Continue ReadingS&P 500 – Rising Yields Equal Risk-Off
S&P 500 made two good intraday returns, but was overpowered by waning rotational strength and internal tech deterioration. Neither financials…
Continue ReadingAsking Rents Negative Year-over-year
Today, in the Calculated Risk Real Estate Newsletter: Asking Rents Negative Year-over-year A brief excerpt: Tracking rents is important for…
Continue ReadingDan Loeb Bets On AI-Driven Positions [Third Point’s 2Q23 Investor Letter]
Dan Loeb’s letter to Third Point investors for the second quarter ended June 2023, providing an update on his AI-driven…
Continue ReadingBLS: Job Openings Decreased Slightly to 9.6 million in June
From the BLS: Job Openings and Labor Turnover Summary The number of job openings was little changed at 9.6 million…
Continue ReadingConstruction Spending Increased 0.5% in June
From the Census Bureau reported that overall construction spending increased: Construction spending during June 2023 was estimated at a seasonally…
Continue ReadingISM® Manufacturing index Increased to 46.4% in July
(Posted with permission). The ISM manufacturing index indicated contraction. The PMI® was at 46.4% in July, up from 46.0% in…
Continue ReadingGov. Abbott Announces $87.7M in Housing Tax Credits from Texas
Texas Governor Greg Abbott announced on Monday that the Texas Department of Housing and Community Affairs (TDHCA) had awarded almost…
Continue ReadingCoreLogic: US Annual Home Price Growth Inches Up in June
Notes: This CoreLogic House Price Index report is for June. The recent Case-Shiller index release was for May. The CoreLogic…
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